Few members of the 20th-century political right were more important than Milton Friedman. As an academic, author, television presenter and adviser to Ronald Reagan – who once described his show Free to…

If you want to know why we in the UK see more security cameras on street corners than other nations, and why politicians are fending off accusations of spying on their own citizens, then turn your eyes…

Mitt Romney has said that 47% of households pay no federal income tax, but something about the statement doesn’t add up.
AAPSeptember 19, 2012

Republican presidential nominee Mitt Romney’s comment that 47% of households pay no federal income tax is true. (It’s actually closer to 46%.) But when you dig beneath the bumper-sticker headline, his…

Some Republicans may be yearning for a return to the gold standard, but the idea has lost its lustre among the vast majority of economists.
Image from www.shutterstock.comAugust 28, 2012

A few years back, mock-conservative TV pundit Stephen Colbert famously introduced the notion of “truthiness” into the political lexicon. As Colbert put it, truthiness pertains not to whether beliefs are…